t
the negotiations of the Roan, which it is of course impresible pedict.
If it should be necessary raise in the London Machit
from £100.000 62150.000 for these Water Wake the Cone Gnats would recommend that the Ordinance should limit the amount of
Money
to be bonowed, fit the interest at a rate not exceeding 5 per cent, and the smiling fund at one per cent per
this would enable
Annui
the Conn Agents to offer
a
smaller rate of
interest,
and to
take advantage of a favorable
Packet,
>
Market, and at the same time
613
place them in a position to meet the requirements of the Colonial fremment wven with
A
Comparatively unfavorable state of things.
Again, the form of Debenture should be left to the Com Agents, as if unfettered they would of course take care
requirements of
that the
the Hock Exchange
the
are complied with, and Debentures would be much more marketable than they would be otherwise.
Suffering for the sake of argument hat Hongkong
could
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